ON > Toronto E02 > East End-Danforth
Toronto E02, ON M4E 2E5,2333 Gerrard ST E
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Toronto E02, ON M4E 2E5,2333 Gerrard ST E
Toronto E02, ON M4E 2E5,2333 Gerrard ST E
Toronto E02, ON M4E 2E5,2333 Gerrard ST E
Toronto E02, ON M4E 2E5,2333 Gerrard ST E
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Grace Cabral

Grace Cabral

+1(416) 278-2809
$ 899,000
Est. payment /mo
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Price Dropped by $126K

2333 Gerrard ST E Toronto E02, ON M4E 2E5

6 Beds

1 Bath

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision East End-Danforth

MLS Listing ID E12479871

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,026

Tax Year 2025

Property Sub-Type Detached

Property Description

URGENT - MUST CLOSE ON OR BEFORE DECEMBER 31, 2025 - NO EXCEPTIONS. This is an extraordinary, time-sensitive opportunity you do not want to miss. The seller has just delivered a significant price reduction, making this one of the best-value development sites currently available in the city. Unlock the opportunity to build a legal 4-plex with full Committee of Adjustment approval already secured, including five granted variances-saving you years of headaches, tens of thousands in carrying costs and application fees, and all the uncertainty of the approval process. This rare, extra-deep 150-ft lot fronts onto Hannaford Street and includes a coveted 8-car rear parking pad accessed from the street. A true game-changer for any multi-unit project. Development options abound: construct the approved 4-plex, add a laneway suite for even more units/density, redevelop into your dream custom single-family home, or simply hold as a cash-flowing rental property. Enjoy additional privacy and green space thanks to city-owned land directly buffering the lot.Current AAA tenant in place under a 1-year lease running September 1, 2025 - August 31, 2026. Buyers must assume the existing tenancy or make private arrangements with the tenant post-closing. With full approvals in hand, an unbeatable new price, and a hard deadline of December 31, 2025 for closing, this is a once-in-a-market-cycle deal. Act fast-opportunities like this disappear quickly.

Location

Province ON

County Toronto

Community Toronto E02

Area Toronto

Rooms

Basement Unfinished

Kitchen 1

Interior

Interior Features Water Heater, Storage Area Lockers

Cooling Central Air

Inclusions Fridge, Stove, Washer, Dryer, Electric Light Fixtures and Any Window Coverings. All plans fully paid for by the seller and in his possession. AAA tenant paying $3, 200 per month plus utilities. Call LA for more details.

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 8

Building

Building Age New

Foundation Block

Lited by ROYAL LEPAGE/J & D DIVISION
Grace Cabral
Grace Cabral

REALTOR® | License ID: 9541137

+1(416) 278-2809 | grace@gracecabral.com

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2333 Gerrard ST E